New Delhi, 20 November (IANS). The Economic Offenses Wing (EOW) of Delhi Police has arrested six more directors of Messrs Proud Innovative Promoter Ltd from Kot village in Noida on charges of cheating around Rs 42,000 crore.
Following the arrest of the six alleged accused, several cases have been registered in Noida, Delhi and several other states of the country.
OP Mishra, Joint Commissioner of Police, EOW, said the accused persons used to motivate their victims to invest Rs 62,000 in a bike and get Rs 9,500 per month, including the principle and rental income on the bike for a year. Was involved. Due to this attractive offer, many victims invested their hard work. Funded the Ponzi scheme.
In January 2019, the alleged fraud company launched an e-bike (electric bike) scheme where they again offered people to invest Rs 1.24 lakh in the bike and get Rs 17,000 per month for a year in return. Of. The accused persons promised more returns on making more investments. Initially, the alleged accused returned the assured amount to the investors, but after winning their trust, they defaulted before absconding.
Police said that all the accused directors – Vijay Pal, Vishal Kumar, Vinod Kumar and Sanjay Goyal from Meerut and Rajesh Singh Yadav and Haresh Kumar from Jalandhar are in judicial custody.